Fact Pattern 29-2B (Questions B17-B19 Apply)

question 11

Multiple Choice

Fact Pattern 29-2B (Questions B17-B19 apply)
Robin's home is in a state that has a $30,000 homestead exemption. Robin de?faults on a $60,000 debt that she owes to Suburban Mortgage Company. Robin's home is sold at auc?tion for $80,000.
-Refer to Fact Pattern 29-2B. Suburban Mortgage may recover

• A) $0.
• B) $30,000.
• C) $50,000.
• D) $60,000.

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Definitions:

Phthalates

A group of chemicals used to make plastics more flexible and harder to break, often found in various consumer products.

PCBs

Polychlorinated biphenyls, a group of man-made organic chemicals known for their environmental persistence and potential health hazards.

Excess Glucose

A quantity of glucose in the body that surpasses the normal usage and storage levels.